Wartsila continues to witness tough market conditions in both the Marine and Energy equipment businesses. While, at the Capital Markets Day event, management reiterated the long-term guidance / opportunities arising from the environment-friendly regulations in its businesses, we do not expect a respite in the near term, amidst the macro-economic uncertainties and intensifying competition.
27 Nov 2019
Challenges to persist in the near term
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Challenges to persist in the near term
Wartsila Oyj Abp (WRT1V:HEL) | 0 0 1.7% | Mkt Cap: 11,724m
- Published:
27 Nov 2019 -
Author:
Mohit Rathi -
Pages:
3
Wartsila continues to witness tough market conditions in both the Marine and Energy equipment businesses. While, at the Capital Markets Day event, management reiterated the long-term guidance / opportunities arising from the environment-friendly regulations in its businesses, we do not expect a respite in the near term, amidst the macro-economic uncertainties and intensifying competition.